Royal Dutch Shell plc’s $20bn U-turn Is Great News For Shareholders

Dec 11th, 2013 

by John Donovan. 

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You can be sure Shell was unsure. The company was set to spend an estimated $20bn on a gas-to-liquid plant, a figure already much higher than previous $12.5bn cost estimate made just a few months ago. But Shell has changed its mind. Now it’s spending $0 on the project. It’s pulled away from it entirely.

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COLORIZE my classmates ONE EACH DAY, lito

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Tessie

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4. THE PEN TOOL IMAGE TRACING

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5. FLYER, MAILER OR LEAVE BEHIND

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Frito-Lay's rights-busters on duty in India! Earlier this year 162 workers out of 170 employed in three warehouses exclusively contracted by PepsiCo in West Bengal organized a union and submitted their demands. They were harassed, assaulted by company goons and then brutally fired. In May 2013, they were allowed to return to work, but under conditions that strip them of their human rights. They were told they can return to work if they declare they will never again join a union, made to sign false statements which they were told were legally binding, and told to cut up their union cards and step on them as they walked into the warehouses. Those who refused were told they will never work again and that they will be blacklisted by all local employers. Despite threats, harassment, home visits by management and economic hardship, 28 of these unfairly dismissed workers have refused to surrender their rights. In August they formed the PepsiCo (Frito-Lays) Workers Action Committee and escalated the campaign.   CLICK HERE TO SEND A MESSAGE TO PEPSICOdemanding unconditional reinstatement of the 28 workers with full back pay and full recognition of their trade union rights. E-mail: iuf@iuf.org Rampe du Pont-Rouge, 8, CH-1213, Petit-Lancy (Switzerland) www.iuf.org  Follow us on Facebook and Twitter Subscribe to IUF NEWS by e-mail

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Obama's tribute to Mandela

President Obama's tribute to Nelson Mandela

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President Obama delivered remarks at the national memorial service for Nelson Mandela in Johannesburg. You should hear what he had to say -- watch the video, and pass it along.

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FROM SENATOR BERNIE SANDERS

World leaders gathered Tuesday for a memorial service for Nelson Mandela, who went from being a prisoner to being the president of his nation. “The extraordinary quality of Mandela was his persistence and refusal to give up even at extraordinarily disheartening moments,” said Sen. Bernie Sanders, who witnessed Mandela’s inauguration. He said Mandela had an impact not only on South Africa but on the entire world “and he will continue to be a model as we continue our struggle to end racism and oppression.” WATCH WCAX COVERAGE       LONG-TERM UNEMPLOYMENT       While the official 7 percent unemployment rate in November was the lowest in five years, long-term unemployment remained near record highs. More than 1.3 million Americans without jobs for six months or more face an unemployment insurance cutoff at the end of December. Another 1.9 million workers would have their benefits cut later in the coming year. Bernie joined 31 other senators who signed a letter urging Congress to preserve federal unemployment insurance for another year. New research from the National Employment Law Project shows that unemployment insurance keeps workers in the job hunt and families out of poverty.       WHAT DO YOU THINK ARE THE MOST IMPORTANT THINGS THAT THE FEDERAL GOVERNMENT CAN DO TO HELP THE U.S. ECONOMY?       WATCH BERNIE ON MSNBC           POVERTY AND THE POPE       In a nation where more people are living in poverty than ever before and the gap between the rich and the rest of us is growing wider, Bernie has found wisdom in the words of Pope Francis, who called on the world’s political and financial leaders to “ensure that all citizens have dignified work, education and healthcare.”       READ MORE           60 MINUTES       Bernie couldn’t believe it when the CBS News magazine gushed about Wall Street billionaire Pete Peterson's so-called philanthropy. "You said his cause is cutting the national debt. What Pete Peterson has done is throw hundreds of millions of dollars into lobbying campaigns to cut Social Security, Medicare and disabled veterans’ benefits. That, to my mind, is not philanthropy,” Bernie wrote in a letter broadcast on 60 Minutes.       READ MORE           BIG OIL       In a significant shift, at least 29 major U.S. corporations, including the five biggest oil companies, expect that the government will force them to pay a price for carbon pollution to control global warming and are incorporating a price on carbon into their long-term financial plans, according to published reports on Thursday. Sadly, some in Congress still call global warming a hoax. But Bernie and Sen. Barbara Boxer, who chairs the Senate environment committee, are cosponsors of a pioneering bill to tax the carbon emissions that scientists say are causing dramatic global climate changes. Bernie also introduced a bill with Rep. Keith Ellison to take away subsidies for the hugely profitable oil, coal and gas industry.       READ A SUMMARY OF THE SANDERS, BOXER CARBON TAX BILL   READ MORE ABOUT THE END POLLUTER WELFARE ACT           BIG BANKS       There are 6,891 banks in the United States today, according to a new federal report, fewer than half as many as the 18,000 peak. The decline was predicted in 1999 by then Rep. Bernie Sanders as the House debated a bill to deregulate the financial industry. The bill passed and led to the 2008 financial collapse which in turn caused huge taxpayer bailouts of “too-big-to-fail” banks. Lesson learned? Not yet. Today there are even fewer big banks. Bernie wants to break them up. “No single financial institution should be so large that its failure would cause catastrophic risk to millions of American jobs or to our nation's economic wellbeing,” he wrote earlier this year in a column for The Huffington Post.       READ MORE       MUST READS     The Pope Versus Unfettered Capitalism     The Nation         You're Secretly Subsidizing a Fast-Food CEO's Million-Dollar Salary     The Huffington Post         Low Bank Wages Costing the Public Millions, Report Says     The Washington Post         Wages Stagnate as U.S. Manufacturers Reap Record Profits     Bloomberg     COMING EVENTS     Listen to "Brunch with Bernie" Fridays at 3 p.m. ET       SHARE THIS BERNIE BUZZ

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Activists seek sharp swords in human rights battle

Dec 9th, 2013

by John Donovan. 

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Human rights organizations were bitterly disappointed when the United States Supreme Court rejected legal claims made by the family of Nigerian activist Barinem Kiobel against oil multinational Shell earlier this year. Kiobel and eight other activists had been sentenced to death and executed in 1995 for protesting against oil extraction in the Niger Delta. The plaintiffs in the case had accused the company of colluding with the Nigerian government in the activists’ deaths.

Human rights sometimes suffer when companies extract oil, mine the earth or produce cheap clothing. When those affected take the matter to court, they often have little hope of compensation or support.

• Date 09.12.2013
• Author Jennifer Fraczek / sad
• Editor Nancy Isenson, André Leslie   MORE HERE

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